Some volatile numbers at Chinese media and advertising company Xinua Financial Media, which reported Q1 revenue of $36.7 million, for a 120 percent year-over-year increase. But on the bottom line, it was losses of $8.3 million, compared a a year-ago profit, which the company blamed on higher share-based compensation and…

Ron Burkle’s investment vehicle The Yucaipa Companies has increased its stake in Chinese media firm Xinhua Financial Media Limited (NSDQ: XFML). The company will issue $30 million in preferred shares that convert at a price of $6.00 per American Depository Shares (ADS). XFML ADSs currently trade at $4.58. The preferred…

Chinese media company Xinhua Financial Media Limited (NSDQ: XFML) reported Q4 revenue of $48.5 million, more than doubling from $34.1 million in the equivalent quarter the year before. Net income grew 34 percent to $4.2 million from $3.1 million. The company said that net income in the quarter was negatively…

Xinhua Finance Media Limited, the Chinese financial media company, is acquiring Shanghai-based ad firm JCBN Group for $43 million in cash up front, and possibly up to $69.9 million with potential earnouts. XFML believes the deal will help it target the high-net-worth demographic in China, as JCBN is strong in…

Xinhua Finance, the Chinese online financial media company, has announced Q3 revenue of $40.7 million, a 118 percent increase over last year’s $18.7 million. Over $8 million of revenue growth came via acquisition in its broadcast business. Net income soared to $9 million, from $849K. Some highlights: —Revenue at its…